Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
MM's dropped it about 5% to fill £4k sell...someone is playing around here
Big tech going very well, AI and spending up yet this sinks, no connection with reality here now I am afraid
Second point is decommissioning, I think the future payments need to be discounted to give an accurate picture of their value...but I also think adding them into the EV is not normal..harbour energy has similar decommissioning costs which are rarely mentioned
In the calculations it says the free cashflow is modelled on $70/barrel in the narrative but thenthe numbers used are different and lower so can you explain that are you modelling gas element?...also they don't quite add up by my reckoning eg. FY 24 21,484 x $65 x 364 would be $508m not $507m. How have you modelled the Akatara production in this as it's gas at fixed price not oil? Using $75/b would give $584m which would increase freecashlow considerably from what you have for FY24. Similarly top end production would increase it too..so feel it's a bit conservative
how has we got to this point where 20-30k bopd is valued this low...is this company spending more than they make to extract it.. no, my *** packet 24 free cashflow was about £50m..seems odd valuation
Https://www.ft.com/content/92023201-01db-4338-8266-322cfb4988d4
not sure on how much they can sell gas for but i did *** packet calc and got about $50m free cashflow for fy24 which isn't stellar but i think the reason for the drop is defo the extra montara and stag costs which hit that...if you throw is decommissioning what is really left
Has anyone worked out what free cashflow will be for 2024 yet..we have all the numbers we need just gotta plug them in
Operating costs to remain flat yet production 50-60% higher that 2023...have I missed something there? Surely that is highly profitable...I think £174m for 20-23k boepd is super cheap ...granted some freecashlow is going on the capex but still think this is now about a third of the price it should be, wondering why market is holding it down
well just one quarter of not ******* in the wind would help immensely
55% for 44% against.. probably one of the worst asset sale deals ever seen wiping over 80% of the share price...hard to fathom
I know they all have skin in the game but I really dislike that they didn't buy more at these low prices, just does not give me the confidence this is the bargain it seems tbh, but maybe closed period now anyway
Just had new broker targets today..increases but still not recommended as a buy..some very off things going on, from a value perspective it hands down looks a buy, maybe missing something
What I don't get about the broker price targets here ...on current free cashflow trajectory by the end of 2025 the MCAP will be lower than the cash on hand...so how exactly can they justify these stupid prices? I really am completely lost as to what is going on here with the valuation
M007j your comments in the feel value discount here are sound and I agree..this is spectacularly cheap now and can't last in the market at this price, will be taken out ASAP IMO
I think yes it's potentially scalable but I am very hesitant with companies that rely on EBITDA ATM, that worked in a zero interest environment, it doesn't so much now..it's probably worth a punt on take over potential given its use for another company that swallows the cost..but really not sure it's a standalone business
Loss making, so yeah it's all well and good being environmentally friendly but it doesn't make any profit, so how would that actually change?
It's farcical, get the custard creams out for tea and biscuits then back home to mull it all over again
Not really, international ruling Vs Indian for cairn reaped rewards, they can't escape the contracts..I say file the suite and call the bluff then see what comes to the table
I think they will strong it out indefinitely, they would have reinstated by now otherwise...so if it's 2 or 3 years to wait file the papers now